Sir Jim Ratcliffe insists over-regulation could ‘ruin’ Premier League
Ratcliffe says he understands City’s APT challenge‘If it ain’t broke, don’t fix it,’ says United’s minority owner
Manchester United’s minority owner, Sir Jim Ratcliffe, has said he understands why rivals Manchester City are challenging Premier League financial rules, and warned the competition faces “ruin” if regulation goes too far.
City are suing the league over its associated party transaction (APT) rules, which are designed to ensure commercial deals linked to a club’s ownership are done for fair market value. “I can understand why they are challenging it,” Ratcliffe told Bloomberg. “You can understand why they would say that they want an open market, a free market.”
